Refi Alert: Mortgage Rates Are the Lowest in Almost 2 Years – Mortgage rates keep falling and falling, and now they’ve gone all the way down to levels not seen in almost two years. In fact, they’ve gone so low that people who took out loans last year might be.
By shopping around and getting a single additional mortgage rate quote, a borrower can save an average of $1,500.” “These low rates are also good news for current homeowners.
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Historical Mortgage Rates by Month – 1986 to 2016 – HSH.com – HSH’s Fixed-Rate Mortgage Indicator (FRMI) averages 30-year mortgages of all sizes, including conforming, expanded conforming, and jumbo. The FRMI has been published as a continuous series since the early 1980s. Separate statistical series for conforming and jumbo loans have long been available to HSH clients.
Mortgage Delinquency Rate Hits 18-Year Low – More than a decade after a spike in real estate delinquencies helped cause the Great Recession, the national mortgage delinquency rate has dropped to its lowest level in 18 years. by natural.
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Mortgage rates hover near two-year low as Fed meeting. – · The mortgage finance company reported that the average rate for a 30-year fixed-rate mortgage is 3.82 percent, down 80 basis points from a year.
Also remember that loans aren’t just about interest rates. It’s great if you’re eligible for a loan with a low interest rate, but it may be worth studying the other features of the loan. For example, will the lender let you pay back the loan early if you want to or are there handling fees that you may have to pay?
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Mortgage rates have flatlined around a two-year low, according to data from the mortgage-finance company Freddie Mac. The average rate for a 30-year fixed-rate loan has hovered around 3.75 percent.